Nairobi West 120 Bed Hostel Buy at 80M or Rent at 600k per month

From 80.0 M /= / Negotiable
Buy
258 Property ID
3,500 m2 Size
120 Bedrooms
15 Bathrooms

Description

Nairobi, Nairobi West Estate, Student Hostel, Sale, Unfurnished

Want to buy or rent and operate this profitable institution?

This Nairobi West 120 Bed hostel is available for Sale or can be taken over and operated. It is in close proximity and serves students that attend

    • Wilson Airport,
    • Strathmore University,
    • The Technical University of Kenya,
    • MUA University,
    • Railway Training Institute, etc
  • This is a 20 yrs business with an established returning clientele
    • Currently a Men’s Hostel
    • About 80% of residents maintain and come back
    • Sales Turnover of Ksh 1.2m monthly with Ksh 300k overheads
      Net monthly income of Ksh 800k/Month.

Financing Available

  • We can finance up to 60%

Features

  • Three-story 2 wing complex
  • Six 3 Bedroom flats with 2 units per floor
  • Servants Quarters for 2
  • Toilet Block
  • Kitchen and Dining
  • Store
  • Office
  • 3 Water tanks with a total capacity of 15000 lts

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PRIME LOCATION THAT IS CLOSE TO

 

Address

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Overview

  • Property ID 258
  • Price From 80.0 M /= / Negotiable
  • Property Type
  • Property status
  • Rooms 137
  • Bedrooms 120
  • Bathrooms 15
  • Size 3,500 m2
  • Land area 87,120 Acres

Get Directions

Nearby Places

Walk Score

72

Walk Score

Very Walkable

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